Posted on 11/03/2009 8:47:07 AM PST by Kartographer
Loss-making telecom equipment maker Nokia Siemens Networks on Tuesday set out plans to cut nearly 6,000 jobs as it consolidates five units into three and aims for acquisitions.
(Excerpt) Read more at marketwatch.com ...
But to be honest, in this case the layoffs are product driven, not necessarily market driven. Nokia products have really struggled as of late.
How many of those 6,000 jobs cuts are jobs saved? This new Obamath hurts my head
Not to worry! Give Obama a call. He will save those jobs for you, at least on paper (or should that be “At least IN the paper.”?)
But...but...Biden said in September that the Obama administration’s computer models had shown that between 500,000 and 750,000 jobs had been “saved or created.”
Something is wrong - but I know what it is.
You see, the Obama administration’s computer model is run on a computer (COTUS): Computer of the United States.
You see, we have POTUS, TOTUS and COTUS.
The reason the economy is broke down big time is because it is being run by COTUS. The reason that TOTUS keeps breaking down is because it is also run by COTUS.
A question for the board:
Will any of the job losses be here in the US or are they all Europeans losing their jobs.
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